Remove Accounts Remove Reconciliation Remove Remittance Data
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The Architecture Of Accounts Receivable

PYMNTS

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Many sellers have a broken internal process to increase a credit line , so they set that limit as high as possible, so they don’t have to revisit the account later.”. The Outsourcing Decision.

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What Is Remittance Advice? Definition, Examples, and Tips to Enhance for Your Company

EBizCharge

Remittance advice is a tool used to clearly communicate payments between customers and businesses. This simple, yet essential document can decode transactions and play a role in streamlining accounts receivable (AR) operations. What is remittance advice? Remittance advice is critical in financial management for any AR team.

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What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data.

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Billtrust CEO On Delivering The Perfect B2B Payment

PYMNTS

Billtrust CEO and Founder Flint Lane highlighted three shifts in particular that are igniting major change in the industry: first, the accelerated digitization of accounts receivable (AR) and accounts payable (AP). And that's just not true.".

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Commercial Cards: It’s All About The Data

PYMNTS

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. A Reconciliation Headache. According to Dean M.

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In Payments Automation, Don’t Forget Accounts Receivable

PYMNTS

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. Nearly half of the companies surveyed by the institution said they still use spreadsheets for AR reconciliation.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

In a recent interview with PYMNTS, Deluxe Corporation CEO Barry McCarthy, discussed the continued relevance and importance of the lockbox for corporates’ accounts receivable (AR) operations today. In a macro sense in accounts receivable, it’s this same challenge. “In In a macro sense in accounts receivable, it’s this same challenge.

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